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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Thai Baht/British Pound (FOREX:THBGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.026223 0.026310 0.026078 0.026093 -0.000130
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term up The long term trend has been UP since May 31st, 2019 at 0.024994

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2019 at 0.026471

short term down The short term trend has been DOWN since Sep 13th, 2019 at 0.026384

Smart Scan Analysis for THBGBP

Based on a pre-defined weighted trend formula for chart analysis, THBGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.026223 0.026310 0.026078 0.026093 -0.000130
Prev. Close Volume Bid Ask Time
0.026223 0.026091 0.026095 2019-09-19 14:54:56
Want to analyze Thai Baht/British Pound THBGBP or another symbol? Try our Free Forex Trend Analysis Report.